July 3, 2020 / 6:47 AM / a month ago

Britain's Land Securities sees demand returning at shopping centres

July 3 (Reuters) - Land Securities said on Friday like-for-like sales at its shopping centres was at 80% of the level achieved last year in the two weeks since non-essential retail reopened in England.

The property developer said 60% of the net rent due on June 24 was paid to it within five working days, compared to 94% last year, and it intends to reinstate dividend payments following half-year results in November. (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Sriraj Kalluvila)

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